Specializing in personal auto insurance with necessary limits, Ocean Harbor Insurance provides a complete range of auto insurance coverage with some add-ons including hit & run protections. Starting in 1994 in Florida, the company negotiates all insurance contracts through its managing general agent, the Pearl Holding Group.

It does not sell and underwrite policies online or by direct applications, but through independent agents. For customers, purchasing and negotiating insurance through independent agents are better with regard transparency and product choices. Agents work on behalf of clients, and they do not receive any compensation for every policy they sell.

Although coverage options from all insurers appear to be the same, several factors affect the premium and limits.

Coverage options by Ocean Harbor Insurance are as follows.

Liability Coverage

Florida is one of the states in the U.S. to implement no-fault insurance regulation. In the event of an accident, insurance company covers medical bills for treatment and rehabilitation for the clients, regardless of who is at fault. Most states in the country require two different types of liability coverage including Bodily Injury Liability and Property Damage Liability. The former is not mandatory in Florida because the insurer has the responsibility to cover the cost of medical treatments for clients without determining whether the customer is at fault or not. The minimum requirement for liability coverage in the state is, therefore, Property Damage Liability (PDL) with a limit of at least $10,000.

PDL from Ocean Harbor Auto Insurance covers the cost of damages that the policyholders cause in an accident, to someone else’s properties such as cars and buildings. Exclusions for this coverage are:

1. Policyholder’s personal vehicles, which are available for use by other members of his/her household. Unless the insurance policy specifies other drivers’ names, the protection is not applicable

2. Vehicles with less than four wheels

3. Claims for injuries to family members

Personal Injury Protection

No-fault insurance regulation is possible because Florida requires every driver to include Personal Injury Protection (PIP) in the insurance policy. With this coverage, Ocean Harbor Insurance provides financial protections following an event of accidents for medical expenses, loss of income, household replacement services, and death benefit. Medical expenses take the biggest portion of up to 80% of coverage limit while the loss of revenue takes 60%.

If there is a remaining amount from the coverage limit after reduction by any or both of those two purposes, the company gives it to the other two services. The only exclusion for PIP is any injury that happens because of auto accident inside any of your family members’ car of which the insurance policy does not specify.

Every state has different rules regarding auto insurance. Some states require every driver to purchase both liability and personal injury protections while other states require the liability coverage only. The limit for the coverage in every state can be different as well. Regardless of the differences, Ocean Harbor Casualty Insurance covers all the basics, but with options to comply with the state of Florida regulations.